SNB joins central banks cutting dollar liquidity operations

ZURICH, June 19 (Reuters) – The Swiss National Bank has joined other major central banks in reducing the frequency of its dollar swap operations from July 1, pointing to falling demand and better dollar funding conditions in its statement on

SNB's Zurbruegg warns on property fallout from coronavirus pandemic

ZURICH, June 18 (Reuters) – Switzerland’s highly valued property market could suffer a fall in prices if the economic effects of the coronavirus pandemic are worse than expected, Swiss National Bank Deputy Chairman Fritz Zurbruegg said on Thursday. “The outlook